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Angeion Corporation (ANGN) Announces Stock Repurchase Program



3/16/2010 8:51:49 AM

ST. PAUL, Minn.--(BUSINESS WIRE)--Angeion Corporation (NASDAQ: ANGN), today announced its intention to repurchase up to $1,000,000 worth of its outstanding shares in the open market or in privately negotiated transactions. These shares will be purchased from time-to-time over a nine-month period. The timing and actual number of shares purchased will depend upon a variety of factors, such as price, corporate and regulatory requirements, alternative investment opportunities, and other market and economic conditions. Repurchases under the program will be funded from available working capital. The program may be commenced, suspended or terminated at any time, or from time-to-time at management’s discretion without prior notice.

Read at BioSpace.com


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